Top Tips To Getting Starting With a Business Simulation

Hello World!

Happy New Year! Hope you're well. Let's dive right in!

Are you looking to get started using a business simulation? Great! Here are some of our top 5 tips to getting started:

Top 5 Tips To Using A Business Simulation

1. Start Small! Don't try to do too much too fast. A tightly focused and highly content aligned simulation is the way to go! You might be tempted to do too much too fast. Try to take a step back and make sure you are staying core to the top 3 reasons you're using a business simulation. Or better yet, the top 3 metrics you'd like to measure success against.

2. Go Paper? This might seem strange, but are you sure you really want to go with a computerized business simulation or software business simulation? I'm sure you already know how hard it is to manage technology, now try to imagine creating a business simulation on top of that and then having it all work. Yikes! In many cases, a good solid paper based simulation might go far. It will also potentially save you money as well.

3. Get Aligned. What does this mean? It means to ensure the reasons you think you need a business simulation align with the solution you are looking at. This might seem like common sense, but we can't tell you how often we've seen people far from where they thought they'd be just due to the confusion of getting started using these action learning tools.

4. Get Buy-In. You're going to find that there might be some resistance (or curiosities) about using a business simulation. It is a good idea to get people involved. Getting people involved does add complication up front, but it will make the process easier down the road.

5. Create a budget. Yes, this seems obvious, but it is important. This will automatically create focus for you when getting started using business training simulations.

We hope this helps. Happy New Year!

Top Tips To Getting Starting With a Business Simulation

Hello World!

Happy New Year! Hope you're well. Let's dive right in!

Are you looking to get started using a business simulation? Great! Here are some of our top 5 tips to getting started:

Top 5 Tips To Using A Business Simulation

1. Start Small! Don't try to do too much too fast. A tightly focused and highly content aligned simulation is the way to go! You might be tempted to do too much too fast. Try to take a step back and make sure you are staying core to the top 3 reasons you're using a business simulation. Or better yet, the top 3 metrics you'd like to measure success against.

2. Go Paper? This might seem strange, but are you sure you really want to go with a computerized business simulation or software business simulation? I'm sure you already know how hard it is to manage technology, now try to imagine creating a business simulation on top of that and then having it all work. Yikes! In many cases, a good solid paper based simulation might go far. It will also potentially save you money as well.

3. Get Aligned. What does this mean? It means to ensure the reasons you think you need a business simulation align with the solution you are looking at. This might seem like common sense, but we can't tell you how often we've seen people far from where they thought they'd be just due to the confusion of getting started using these action learning tools.

4. Get Buy-In. You're going to find that there might be some resistance (or curiosities) about using a business simulation. It is a good idea to get people involved. Getting people involved does add complication up front, but it will make the process easier down the road.

5. Create a budget. Yes, this seems obvious, but it is important. This will automatically create focus for you when getting started using business training simulations.

We hope this helps. Happy New Year!

TechTip: Private Cloud Storage: OwnCloud For Simulation Development

Hello World-

This is a little off the beaten path for a post, but we're so thrilled with a piece of technology, we thought it worth sharing.

Do you know of DropBox, GoogleDrive, or Microsoft OneDrive? Of course you do. So do we. But, we take data security extremely seriously. We also believe in technology simplicity and effectiveness. As a result, we took a look at a solution called OwnCloud.

OwnCloud is a solution that lets you create your own version of DropBox, GoogleDrive, and OneDrive (and soooo much more). Best of all, you retain complete and total control over OwnCloud. It is incredibly easy to use and is written by the open source community. We have been testing OwnCloud for Simulation Development and we have two words: It Rocks!

OwnCloud just works and works exceptionally well! Since it's mostly larger companies that read these posts, you'll love the fact the OwnCloud is Open Source, but you might be even more excited to know there is a turnkey commercial version available as well.

We have chosen to run OwnCloud on a $49 open source single board computer called BananaPi. We installed Linux onto an SD card, loaded up OwnCloud, and we had a complete Cloud Storage solution up and running in a matter of an hour or so. The BananaPi/OwnCloud 'server' has 15 computers banging on it all day long. Of course, you'd probably want to run your OwnCloud on serious iron, but this is a nice example of scalability.

We can't recommend OwnCloud enough. Its secure, its fast, and it just works.

You can learn more here:
OwnCloud Open Source
OpenCloud Commercial

Happy Holidays!

Top 10 Uses For a Business Simulation

Hello World-

Let's just jump right in:

Top 10 Uses For a Business Simulation

- Business Simulation for Leadership Development
- Business Simulation for High Potential Leaders
- Business Simulation for Business War Games
- Business Simulation for Sales Training
- Business Simulation for Strategy Testing
- Business Simulation for Operational Excellence
- Business Simulation for Strategy Exploration
- Business Simulation within Business Gamification
- Business Simulation for Business Strategy Gamification

"What can a business simulation actually be used for?" There you go: Just 10 ideas. Of course, there are many more, but this guideline should inspire some ideas for you to think about. We've even heard of using a business simulation to teach fifth graders about money and business. Interesting....

Let us know if you have other ideas of how to use these valuable tools and we'll add it to the list.

Have a great weekend!

Business War Games: Business Simulation for Strategy Testing

Hello World-

This has been written about a few time, but thought it was worth bringing up again.

Using Business War Games

What: What is a Business War Game? Business War Games are a tool that is used to test and 'play' with a potential future strategy. These don't necessarily have to be a simulation, but they often share the same characteristics with a business simulation. Business War Games also don't have to be computer based either. In many cases, these can be simple paper based solutions. This helps save money. But what these tools are is effective. They are also complex to create. There are a lot of moving parts to a business war game. The same is true for a business strategy simulation as well. Business War Games let executives test their strategy before they commit to it 100%.

How: How is a business war game used? Business War Games are used like this: Traditionally, you'll bring in a few executives that are involved in creating the strategy. You don't need many. Just a few. You'll have each person take on the role of a different company that only includes 1 ‘version’ of your actual company. You'll actually begin competing against each other testing your strategy. You can see why it's similar to a business strategy simulation.

Why: Why use a Business War Game? This is to enable you to squeeze out strategic elements you hadn't considered while creating the strategy. Most importantly, this includes the human reaction to a new strategy. This is often the least thought of during strategy development.

As you can see, a Business War Game is very similar to a Business Strategy Simulation or a Business Training Simulation.

Hope this helps!

Business Simulation for Sales Training or Sales Conferences

Hello World- Once again, too long between posts. Sorry about that!

We've seen quite the uptick in companies using business simulations for sales training and/or within sales conferences. These sales training simulations are a lot of fun and very educational for the sales managers. What happens in many cases is that the head of sales wants to introduce their sales force to the challenges above or across from their position. Doing so gives sales managers a far wider perspective of what it's like to manage a sales team or company.

Three Components to a Successful Sales Training Simulation

1. Competitive business simulation is preferred - A competitive sales training simulation aligns with the position of a sales manager. This makes the game relevant and real.
2. Ensure you have the customer needs- As a sales manager, you're often focused on quota. Don't forget to integrate a strong focus on meeting customers needs and demonstrating why this is important.
3. Have fun! A sales training simulation should have a spirit of competitive fun. If it's serious and boring, sales managers will probably disengage.

Sales training simulations are a great use of time at a sales conference. Utilizing a business simulation can make the content of the conference relevant and unforgettable. It will be the part of the conference participants won't forget.

Hope this helps!

Business Training Simulations for Leadership Development

Hello World!

Once again, it's been too long. We've simply had too much work than we can handle. Sorry! The good news is that we've just hired 3 people to help work on things. Thanks for your patience. Ok, the topic of the day:

Business Training Simulation for Leadership Development Overview

Isn't this a leadership development simulation you might ask? Well, yes it is. But there seems to be a misunderstanding about what/when/where/how. Let's take a look.

First, the definition: A leadership development simulation is simply a business simulation that has been customized to a specific leadership development program. This includes utilizing specific leadership competency and tools. In many cases, these business training simulations will have a business portion of the simulation as well. There has to be a business to use the leadership tools, right?

These tools are traditionally used within corporate leadership development programs. In some cases, they might be used for strategy training. Why? Because there is traditionally a large people component of business strategy. While we're talking about tools, business simulations are often used to help people learn HR people development tools such as assessment and more. Business training simulations for leadership development is a great development tool to get people up and running quickly using your models andor tools.

You'll start to see more and longer posts once we get the people up to speed.

Have a great August!